RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Anthem Inc stock price took a fall of -7.62% on Wednesday
(Updated on Jul 20, 2022)

Buy or Hold candidate since Jun 29, 2022 Loss -5.36% PDF

The Anthem Inc stock price fell by -7.62% on the last day (Wednesday, 20th Jul 2022) from $497.43 to $459.54. During the last trading day the stock fluctuated 7.33% from a day low at $451.37 to a day high of $484.44. The price has fallen in 7 of the last 10 days and is down by -5.11% for this period.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.75% during the next 3 months and, with a 90% probability hold a price between $402.71 and $466.04 at the end of this 3-month period.

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ANTM Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Anthem Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $477.39 and $479.31. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, July 19, 2022, and so far it has fallen -7.62%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Anthem Inc stock

Anthem Inc finds support from accumulated volume at $454.76 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $33.07 between high and low, or 7.33%. For the last week the stock has had daily average volatility of 3.60%

Our recommended stop-loss: $431.05 (-6.20%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (ANTM) For The Upcoming Trading Day Of Thursday 21st

For the upcoming trading day on Thursday, 21st we expect Anthem Inc to open at $465.12, and during the day (based on 14 day Average True Range), to move between $443.17 and $475.91, which gives a possible trading interval of +/-$16.37 (+/-3.56%) up or down from last closing price. If Anthem Inc takes out the full calculated possible swing range there will be an estimated 7.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $454.76 (1.04%) than the resistance at $465.75 (1.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Anthem Inc stock A Buy?

Anthem Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Anthem Inc of Thursday, July 21, 2022

Fair opening price July 21, 2022 Current price
$465.12 ( 1.21%) $459.54

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ANTM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 498.19 8.41 %
R2 485.55 5.66 %
R1 477.75 3.96 %
Current price: 459.54
Support S1 452.48 -1.54 %
S2 444.68 -3.23 %
S3 432.05 -5.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 509.61 10.90 %
R2 469.87 2.25 %
R1 465.75 1.35 %
Current price 459.54
Support S1 454.76 -1.04%
S2 444.32 -3.31%
S3 0 .

FAQ

What is the symbol for Anthem Inc Stock and on which exchange is it traded?
The symbol for Anthem Inc is ANTM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Anthem Inc Stock?
Anthem Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Anthem Inc Stock?
Anthem Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Anthem Inc Stock.

What's the current price of Anthem Inc Stock?
As of the end of day on the 2022-07-20, the price of an Anthem Inc (ANTM) share was $459.54.

What is the 52-week high and low for Anthem Inc Stock?
The 52-week high for Anthem Inc Stock is $533.68 and the 52-week low is $355.43.

What is the market capitalization of Anthem Inc Stock?
As of the 2022-07-20, the market capitalization of Anthem Inc is 114.592B.
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About Anthem Inc

Anthem Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial and Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizat... ANTM Profile

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